According to the United States Department of Labor, the country added 943,000 in July, bringing the unemployment rate from 5.9% down to 5.4%. Unemployment rate by demographics: Men- 5.4% Women- 5% White- 4.8% Black- 8.2% Hispanic- 6.6% Teenagers- 9.6% Asian- 5.3% Despite the country lowering its unemployment rate, Arkansas stayed at 4.4%. The unemployment rate […]
unemployment
U.S. labor market powers ahead with strong job gains, lower unemployment rate
Nonfarm payrolls increase 943,000 in July; June revised up Unemployment rate falls to 5.4% from 5.9% in June Average hourly earnings gain 0.4%; workweek steady WASHINGTON, Aug 6 (Reuters) – U.S. employers hired the most workers in nearly a year in July and continued to raise wages, giving the economy […]